Covid pill makers accused of selling drug to US at 40 times what it costs to make despite govt funding

Wednesday, October 6, 2021 | Tag Cloud Tags: , , , , , ,

(Worthy News) – The company producing an experimental antiviral pill for treatment is accused of selling the drug to the US at 40 times the cost of its production, found a report.

Molnupiravir, manufactured by pharmaceutical company Merck, has entered into a contract with the US government to supply 1.7 million courses at a price of $700 per course. However, an analysis of drug pricing by Harvard School of Public Health and King’s College Hospital in London found that it takes about $17.74 to produce a five-day course.

The pill, hailed as a breakthrough in the treatment of , was originally developed to treat influenza using government funds. The antiviral drug could halve the chances of dying or being hospitalised for those most at risk of contracting severe Covid-19. [ Source: UK Independent (Read More…) ]

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